Latin Metals (Latin Metals) Accumulated Depreciation : $-0.03 Mil (As of Jan. 2024)

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What is Latin Metals Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Latin Metals's quarterly accumulated depreciation increased from Jul. 2023 ($0.00 Mil) to Oct. 2023 ($-0.05 Mil) but then stayed the same from Oct. 2023 ($-0.05 Mil) to Jan. 2024 ($-0.03 Mil).

Latin Metals's annual accumulated depreciation increased from Oct. 2021 ($-0.01 Mil) to Oct. 2022 ($-0.02 Mil) and increased from Oct. 2022 ($-0.02 Mil) to Oct. 2023 ($-0.05 Mil).

Latin Metals Accumulated Depreciation Historical Data

The historical data trend for Latin Metals's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Latin Metals Accumulated Depreciation Chart

Latin Metals Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accumulated Depreciation

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-0.01

-0.02

-0.05

Latin Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.02	-	-	-0.05	-0.03

Latin Metals Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Latin Metals Accumulated Depreciation Related Terms

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Latin Metals (Latin Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Latin Metals Inc (OTCPK:LMSQF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LMS:Canada

Address

999 West Hastings Street, Suite 890, Vancouver, BC, CAN, V6C 2W2

Website

https://www.latin-metals.com

Latin Metals Inc is a resource exploration company. It is focused on precious metals and copper projects in historically resource-rich regions of South America, specifically in Peru and Argentina. The company operates on a prospect generator model, focusing on the acquisition of prospective exploration properties at minimum cost, followed by initial evaluation through the cost-effective exploration to establish drill targets. It has one segment the mineral resource industry and it operates in Canada, Argentina and Peru.